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Private Allocation now live!

ICO private allocation in July 2018. Sign up here for the latest news and to receive information directly in your inbox.

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Elpis has the power to analyze a remarkable amount of real time data to instantaneously and unemotionally implement investment strategies with a proprietary and award winning AI-based system that is already proven to effectively anticipate the market.

Core features of Elpis

Automated

24/7 trading with AI driven algorithms.

Efficient

System built to protect from market downturns and increase performance.

Win: Win

Eliminate management fees to maximize return on invested funds.

Transparent

How it works

The Elpis ICO Model enables investors to hold a valuable token with economic fundamentals. The funds raised will enable Elpis to build a crypto-asset management fund that is fully compliant with current with current Swiss regulations. The token does not meet the current FINMA security criteria and does not hold a direct interest and so, should be regarded as a utility.

After the closing of the ICO, Elpis will build a unique hybrid investment fund that uses proprietary AI-based systems to effectively anticipate market moves when executing investment strategies both in assets and in cryptocurrencies. Retail or non-institutional/non-professional investors with holdings ranging from $5.000 to $100.000, will have the opportunity to trade like professional investors, by subscribing to Elpis’s algorithmic signals. Institutional or professional investors, with holdings starting at $100.000, will have access to Elpis’s algorithmic signals as well as have shares of the fund.

The rewards generated from operating in the market will be stored by the company and used them to buy back and “burn” tokens from token holders. Early Token holders with more than 20 million ELP who will fall within the requirements established in our White Paper (available for download in out “Documents” section) will have the option to request an equity participation in exchange for their token holdings. Clients will be enrolled after the ICO closes and as soon as the Swiss regulated fund will open. There will be no management fees for all clients, but only market average performance and entry/exit fees.

Elpis Utility Token

ELP token holders will be part of the first radically transparent hybrid fund using Artificial Intelligence to anticipate market moves and protect investments from human bias and errors. Elpis will use 20% of trading profits to periodically buy back and burn ELP tokens to increase the value for token holders.

Every token holder will have a one year free access to its trading signals platform and can use tokens to pay for Elpis services.

The ELP token should be considered a utility under the current definition and meanings under Swiss law. The ELP token represents neither equity/share/participation nor the right for reward.

One platform to follow the trading

Using Artificial Intelligence to create a balanced portfolio based on the risk approach of institutional clients.

Dashboard

Through the dashboard, clients will be able to follow the trading activity of the fund and portfolio at any time, with total transparency.

Live Performance

In the Live Performance dashboard, clients will be able to see the real time status of trading activities on their portfolio, holdings and information on trades.

Algorithmic signals

The Algorithmic Signals dashboard is accessible to retail clients holding ELP tokens. The trading platform will be free for one year to token holders and clients will be able to copy the fund’s trading on crypto-currencies and traditional assets by connecting signals to their trading machine or broker.

Auditing Ledger

Elpis will be the first fund to use public auditing to ensure safety and transparency. It will release information such as the total balance of the account and trades at each settlement via the blockchain, ensuring data cannot be manipulated.

Roadmap

Private Allocation

During the private allocation, it is possible to access the whitelisting, and institutional investors will have the opportunity to purchase tokens with significant discounts. Elpis will develop the final investment models, purchase the appropriate licenses and hardware and attend Fintech events and meetups.

Main Sale

During the main crowdsale Elpis will continually improve our model and research new ones. It will further develop the visual aspects of the platform, recruit additional AI specialists, develop client and advisor relationships and attend events and conferences.

Post-ICO

Post-ICO Elpis will list the token on exchanges and begin trading activity. It will:

Open the regulated fund

Trade assets raised on both traditional and crypto markets using our AI systems

Develop platform for users

Target $35m in Assets Under Management

Operational Stage

The fund expects to be profitable by operational stage by trading the cryptocurrency raised using the ICO. Elpis will continue to improve its AI systems, launch the platform, research new models around Swarm Intelligence and recruit additional talent.

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FAQs

Is it safe to buy Elpis token online?

We use the best technologies to ensure you are buying our token in the safest place and way possible. Thanks to our partnership with flashboys.nl, we will redirect you to a specific online page with top security.

What is Elpis?

Elpis will be a new kind of asset management company for the future. Elpis will invest as soon the ICO is over and the fund regulated in both stocks and cryptocurrencies through Artificial Intelligence and blockchain. Our team of experts will follow you to ensure the best possible results and the highest transparency at the lowest costs.

Who can hold Elpis Tokens?

Thanks to our ICO everyone will be able to get a stake in Elpis and become our client. With our fundraising strategy, we will be able to serve institutional and professional investors, with our AUM (Assets Under Management) allocated to our regulated fund, and we will also offer retail clients the opportunity to trade like professionals through our trading live signals, free of charge for Elpis token holders for the first year.

The regulated fund won’t be open before the end of the ICO.

What is Elpis Token ELP? Is it a security or a utility?

Taking into account the definitions and the meaning of the securities in Swiss law, the ELP Token should not be considered as a security. The ELP Token neither represents equity/share/participation right nor the right to reward; it also does not guarantee any re/payment obligation. The characteristics of ELP Token prove the direct connection between the token holder and the Project (Fund, Platform, and its developers). Consequently, the ELP Token can be classified as the Utility Token.

The Board of the Company can decide to exchange tokens to the company’s shares if the token holder should pass “shareholder” criteria of local jurisdiction before he holds shares. The Company’s activities can one day be classified as a regulated activity (not explicitly today) so we’re not excluding that possibility. However, even a “utility” token poses some risks of being regulated either as a cryptocurrency or even as a security because of the intention of “investing”.

Due to the legal uncertainty, we highly recommend that KYC and AML requirements take place, and Elpis accomplishes these proceedings before purchasing. The ELP Tokens Buyer acknowledges the obligation to follow the laws of the country of citizenship/residence, and that the Company does not have any responsibility regarding the law violations committed by the Buyer. The Company will conduct the ICO and its following activities according to the Law of the Swiss Confederation.

Finally, we specify that the Company that launches ICO is a technology company with no special authorization from FINMA, hence you are contributing to the realization of the technology. The Company will acquire the necessary authorization from the financial regulator for its Project purposes once the ICO is completed. The ICO conducted by the Company itself does not require special authorization under the law of the Swiss Confederation (Governing Law).

Why is the Elpis ICO different to others?

The ICO is structured according to the latest legal framework that enables Elpis to create and sell a safer token, especially for investors in the private allocation. The advantage of the Elpis ICO is that it backs tokens with a reasonable value that could be exchanged in the future for equity, provided the token holder meets the appropriate criteria.

How are you going to use the funds raised through the ICO?

Elpis will use funds raised as detailed in the token distribution in the whitepaper. Only 10% will go to support the team. The rest will go directly into the allocation to create the regulated fund, to be invested and generate rewards for early token holders and early investors.

For investors or those who manage assets for High Net Worth Individuals or Mutual/Pension funds, the subscription to the regulated fund will open immediately after the end of the ICO.

How can I add Elpis Coin on MyEtherWallet / MetaMask?

Adding Elpis coin is really easy, you just simply have to input on your ether wallet the following info:

Our Artificial Intelligence will invest in different portfolios. We will start with 3 specific portfolios:

US Equities (Long-only): for Institutional and Professional Investors with 3 level of risks: Low, Medium and High-Risk tolerance. This portfolio is the lower risk possible portfolio with the highest performance in the market.

Futures: for Professional Investors and those who are willing to take more risks for potentially higher returns.

Cryptocurrencies: Elpis is developing a revolutionary way to trade in cryptocurrencies which is safer and less volatile in order to get the best out of the high potential in the market.

We are already preparing new strategies with portfolios of indexes and more riskier assets for speculators and high-risk investors.

How are we using blockchain technologies?

We are going to use the blockchain to store every information from our buy/sell operations in order to publicly audit the company for each transaction; we call it Blockchain Public Auditing Ledger (BPAL). Everything will be publicly available daily for our investors. Transparency is a must for us, plus, the blockchain technology will allow us to lower costs of database and servers, everything will be stored in the Microsoft Azure Cloud. Also, every token will be stored in the blockchain smart contracts on Ethereum technology.

We are also using blockchain to increase the level of security and track every investment from token holders’ wallet to our wallet, to better recognize where is the investment coming from, from which investor, and how much, to better calculate the equity and the rewards.